EC Credit Control is today a recognised leader in the Debt Collection and Credit Management industries.

1300 640 163

PO Box 248,
Botany, NSW 2019

The Power of Terms of Trade to Protect Your Cash Flow

Last week I called on a fencing contractor in the Illawarra area to find out how his business was running and discuss the recent introduction of the Personal Property Security Act (PPSA). Lance is from a well-run, third generation family business, supplying and installing fencing products.

I was greeted to a warm welcome and our discussion was a general view of business, how implementing terms of trade into his business had improved cash flow and the importance of PPSA to his business. When we had first met Lance over five years ago he had his fair share of slow payers affecting his ability to get paid. EC was initially able to recover some of the outstanding debts owed to Lance’s business, which was an immediate priority at the time. We were also able to assist Lance by implementing Terms of Trade documentation designed to protect the future cash flow of his business.

Since implementing Terms of Trade documentation Lance told me that, five years on, he has not had any further bad debts that he needed EC to recover. In addition, one of the debtors we had recovered money from previously on behalf of Lance had since called him to get our details as he needed EC’s help recovering bad debts himself!

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Testimonials

There sure are a lot of slow payers out there thank goodness for EC.

1

Using the on-line services is fantastic. I can print reports and check the status of my debts easily and quickly.

1

We would like to express our sincere thanks to EC Credit Control. We had a debt that was of a considerable amount to any small business but with the help of EC Credit Control we are very happy to say the full amount has been recovered.

1

EC Credit Control provided us with great support and communication throughout the entire process. It was a relief to know that we had professional people to help and recovery the debt on our behalf.

What our Clients Say

We would like to express our sincere thanks to EC Credit Control. We had a debt that was of a considerable amount to any small business but with the help of EC Credit Control we are very happy to say the full amount has been recovered.

1

EC Credit Control provided us with great support and communication throughout the entire process. It was a relief to know that we had professional people to help and recovery the debt on our behalf.

1

Using the on-line services is fantastic. I can print reports and check the status of my debts easily and quickly.